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USD/CAD Price Forecast: Eyes 1.4000 support after slipping below 50-day EMA

USD/CAD continues its losing streak for the sixth successive day, trading around 1.4020 during European hours on Thursday. The pair is retaining a bearish near-term bias as it holds beneath both the 50- and nine-day Exponential Moving Averages (EMAs).

USD/CAD Price Forecast: Eyes 1.4000 support after slipping below 50-day EMA

USD/CAD continues its losing streak for the sixth successive day, trading around 1.4020 during European hours on Thursday. The pair is retaining a bearish near-term bias as it holds beneath both the 50- and nine-day Exponential Moving Averages (EMAs).

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